£263,213
This estimated value is based upon the latest sale price for the house of £200,256 on 4 Aug 2016. This value is then adjusted by the current Official House Price Index for READING 1
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Parkers Spencers Wood, Basingstoke Road Spencers Wood, RG7 1AP
Phone: 01184438751
Price Paid | Date |
---|---|
£200,256 | 4 Aug 2016 |
£47,000 | 5 Feb 1996 |
Terraced |
Freehold |
Floor Area: 43 sq meters or 462 sq feet |
This model uses changes in the Official Land Registry House Price Index for READING to estimate the market value.
When this house was purchased in August 2016 the House Price Index for READING was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £200,256 results in an estimated price of approximately £263,213.
4 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 146.7 | 31.438 % | £200,256 | £62,957 | £263,213 |
The Postcode Pricing Model uses changes in average sales price within the RG2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -19.271 % | £-38,590 | £161,665 |
3 Month Average | 9.793 % | £19,610 | £219,866 |
6 Month Average | 15.477 % | £30,993 | £231,249 |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 16 May 2016.
The average size of a house on DOVECOTE ROAD is 69 sq meters (745 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Otter Court |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Otter Court |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Copenhagen Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wrenswood Close |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Wrenswood Close |